Weirdo's Weekly Update — 18 Aug, 2023

Crypto News

The Potential with PayPal

With 435 million active users and $1.36 trillion in transactions, PayPal's foray into crypto, including DeFi and NFTs, could boost the market significantly. Yet, concerns linger around their stablecoin, $PYUSD, due to regulatory uncertainties and past issues faced by tech giants like Facebook's Libra. PayPal's launch suggests optimism toward favorable crypto regulations, which could spur industry growth.

The Launch of Europe's First Physically-Backed Bitcoin ETF

Europe has introduced its first physically-backed Bitcoin ETF, listed on the Euronext Amsterdam exchange. This ETF, launched by 21Shares, provides investors with exposure to Bitcoin without needing to hold it directly.

G20 Preparing for Global Cryptocurrency Regulations

The G20 is finalizing global cryptocurrency regulations, with India concluding its presidency. Members of the G20 are working towards a unified approach to regulating cryptocurrencies. During its presidency, India emphasized the importance of global cooperation in regulating the crypto sector.

Changes in the Last Week

Bitcoin: $25,742 (-12,7%) I Ethereum: $1,588 (-14.2%) I Gold: $1,889.24

More Crypto News

AI News

Lifelike AI-powered avatars and videos are just days away from public availability. The CEO of HeyGen recently demonstrated an AI-generated flawless video of himself.

Twitter screenshot

In other developments, AI is surpassing human abilities in handwriting, speech, image recognition, reading comprehension, and language understanding. 

Language and image recognition graph
Source: Kiela et.al

Apple has also shown interest, with Tim Cook hinting at generative AI playing a major role in their research and development spending. 

Microsoft introduced Azure ChatGPT for businesses, ensuring data privacy and enabling customized integration and scalable systems. 

Lastly, deeplearning.ai offers AI courses to expand knowledge and stay ahead of the curve.

Travel Update

After some quality time with friends and family, our travel bug is back. This Saturday, we're setting our sights on Estonia. 🇪🇪 For Maja, it's a nostalgic trip: Estonia is where her travel adventures began in 2009, thanks to her first flight abroad for Erasmus studies. For me? Well, it's a new flag to add to my list proudly. We're both very excited.

Our plans in Estonia include spending a few days in a remote village in the east, followed by a change of scenery in the vibrant streets of Tallinn.

After Estonia, we're already gearing up for our next adventure: a couple of weeks exploring Georgia and Azerbaijan. 🇬🇪🇦🇿

Oh, and a fun twist this time: we're leaving the check-in luggage behind and embarking on this journey with our carry-on backpacks. Traveling light and diving into new memories with more simplicity! 🎒✈️

I am currently listening

The convergence of two important, top-of-mind trends: artificial intelligence & blockchains/ crypto. The conversation covers everything from deep fakes and bots and proof-of-humanity in a world of AI to big data, LLMs like ChatGPT, user control, governance, privacy and security, zero-knowledge machine learning, MEV, media, generative art, and much more.

Link here.

And

Sense of self (Headspace Meditation Software)

I am currently watching

After hearing so much about it, we went to a cinema to see Oppenheimer.

Tool of the week

Metricool is a digital marketing tool that consolidates data from various online platforms into one dashboard. It provides insights on content performance, allows for post scheduling, and offers a view into both organic and paid metrics. 

We use it for our social media scheduling efforts, in combination with other tools.

Inspiring Quotes

"The modern devil is cheap dopamine."—Naval Ravikant

And

“Those who keep learning will keep rising in life.”—Charlie Munger

Question to Ask yourself

What are the current habits that are hindering your future progress?

Productivity Tips and Tricks

What's on my calendar that can be automated?

In the fast-paced digital age, staying active on social media is crucial for businesses but can be time-consuming. That's where automation steps in to revolutionize the way we manage our online presence. For instance, instead of manually posting updates on different platforms throughout the week, tools like Buffer and Metricool allow you to schedule posts in advance, ensuring consistent engagement without daily intervention. Using Airtable, you can organize your content calendar, tracking topics, post dates, and engagement metrics. You can integrate these tools with Zapier to elevate your automation game. It can link your content calendar in Airtable directly to your scheduler, automating the posting process based on your predefined schedule.

September 11, 2023
Leo Brunnhofer